Rhonda Albaugh
Listed By
Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: dreid@stoufferrealty.com, 216-387-0757
Shown By
Agent Name: Rhonda Albaugh
Agent Phone: (330) 323-3804
Agency Title: Cutler Real Estate
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Property Description
This value-add investment opportunity in Cleveland offers strong potential for both Fix & Flip or BRRRR investors. With a potential resale value around $115,000, this property presents a solid opportunity for buyers seeking a sub-$50K acquisition with strong ARV support. Estimated market rent is around $1,300 per month, making it a viable option for investors planning a long-term rental after renovation and refinance. The property will require repairs, including missing wiring in some areas, a furnace replacement, several interior doors needing replacement, and a bathroom repair due to a hole in the tub surround and a drain issue. The kitchen cabinets are present and in good condition, and the overall structure is considered livable with repairs, providing a strong foundation for investors looking to add value and maximize returns.
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Days on Market: 2
Garage: 2
Heating: Forced Air
Home Style: Colonial
Lot Size: 0.10 Acres
Roof Type: Slate
Stories: 2.0
Taxes: $1,590 / year
Year Built: 1900
Feature Descriptions
Accessibility: None
Exterior: Frame
Fencing: None
Lot: City Lot
Parcel#: 134-01-057
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Municipal - 1809
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Estimated Payment
$ 366.29 per month $221.11 Principal & Interest $132.50 Property Tax $12.69 Homeowner's InsuranceChange Payment Information
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7300 Claasen Avenue | MLS# 5194661
This single family home located at 7300 Claasen Avenue, Cleveland, OH 44105 is currently listed for sale with an asking price of $43,500. This property was built in 1900 and has 4 bedrooms and 1 full baths with 1349 sq. ft. Claasen Avenue is located in the Hickox subdivision within the Cleveland Municipal - 1809 school district. Search Hickox real estate on ralbaugh.cutlerhomes.com today.